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9503 Cedar Avenue, Summerland
2025-08-13
Quick Summary
- Location
- 9503 Cedar Avenue, Summerland, British Columbia V0H1Z2
- Price
- $1,779,000
- Status:
- For Sale
- Property Type:
- Industrial
- Area:
- 6430 sqft
- Year of Construction:
- 2010
MLS®#10358896
Property Description
Presenting a turnkey investment opportunity with a mixed-use industrial building offering approximately 6440 square feet of space on a .40-acre lot, ideally located on a high visibility corner in the busy and emerging industrial area of Summerland, BC. This versatile property is fully leased to a diverse mix of tenants taking advantage of the flexible zoning for the site which allows a diverse tenant mix beyond just industrial. Built in 2010, this building has been well cared for and will provide its new owners with a low maintenance cash flow investment, perfect for local or out of town investors. Each of the 6 bays has a 12'x10' loading door, 2 piece washroom and a dedicated hot water tank. Equally divided, these units are a great fit for a multitude of businesses and are in a highly desirable size as evidenced by the 100% occupancy rate for several years. This building may be stratified in the future, and currently offers an attractive, competitive cap rate, making this property an excellent addition to any investment portfolio. (id:32467)
Property Features
Building
- Exterior Finish: Stucco
- Fireplace: No
- Interior Size: 6430 sqft
- Building Type: Other
Land
- Land Size: 0.4 ac|under 1 acre
Ownership
- Type: Freehold
Information entered by Engel & Volkers South Okanagan
Listing information last updated on: 2025-11-12 19:47:21
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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